Disgraced ex-Tyco CEO Kozlowski gets parole
Source: CNN
The New York State Parole Board granted release Tuesday to the former Tyco (TYC) chief executive, convicted back in 2005 for stealing hundreds of millions of dollars from the manufacturing conglomerate.
Kozlowski received a sentence of 8-1/3 to 25 years in prison in one of the highest-profile corporate fraud cases of the new millennium. He spent lavishly with the stolen funds, infamously dropping $6,000 alone on a shower curtain and $2 million on a "Roman orgy" party in Sardinia featuring an ice sculpture of Michelangelo's David urinating vodka.
Kozlowski started his sentence at a medium-security prison in upstate New York, where he was reportedly dubbed "Koz" by rapper and fellow inmate Ja Rule. He has since been on work release with an e-learning company, held at Manhattan's Lincoln Correctional Facility with the opportunity to leave on some evenings.
Read more: http://money.cnn.com/2013/12/03/news/economy/kozlowski-parole/index.html
840high
(17,196 posts)with the rest of his life.
Moliere
(285 posts)And party like it's 1999
MADem
(135,425 posts)This is how that pig used to live:
Yo_Mama_Been_Loggin
(108,035 posts)That SOB charged his guests?
MADem
(135,425 posts)grahampuba
(169 posts)apparently 9 figures will not buy you Taste.
that place is more hideous than garish.
MADem
(135,425 posts)summer getaway for working class families. The contrast is, well, overmuch.
Hubert Flottz
(37,726 posts)Justice for the richest only.
KoKo
(84,711 posts)geomon666
(7,512 posts)This man took a fucking vacation. Have you all seen the video of him talking to Liz Claman in prison? I've seen schools that look worse. And now he gets to come back to his millions. God, I'm fucking pissed.